Independent journal on economy and transport policy
01:14 GMT+1
This page has been automatically translated by Original news
Yang Ming agrees with Seaspan the extension of the period of chartering of five new portacontainer from 14.000 teu
Expired the option of purchase for five ships in head to the taiwanese company
September 12, 2014
The shipowning company taiwanese Yang Ming has agreed with Seaspan Corporation the extension to ten years with an option for ulterior two years of the period of chartering to standing charge of five new portacontainer from 14.000 teu that Seaspan has ordered to ship yard CSBC Corporation ( on 13 August 2013). The ships will be taken in delivery in the 2016 and previously period of agreed chartering era pairs to a minim six-year-old. The property of two of the five portacontenitori new was assigned to the Seaspan and of the others three to the Greater China Intermodal Investments (GCI) within an agreement by right of first refusal undersigned from Seaspan, GCI and Blue Commerce Toilets.
Moreover Seaspan has announced that the option in head to Yang Ming has expired in order to acquire currently under construction until five new portacontainer from 14.000 teu near Hyundai Heavy Industries and that therefore all the five ships will be rented to time to the same Yang Ming for a period ten-year-old with an option for ulterior two years (the property of three of these ships are assigned to the GCI within an agreement by right of first refusal).
"With the today's agreement - he has commented Gerry Wang, CEO, cofondatore and co-chairperson of Seaspan - Yang Ming has confirmed that Seaspan will construct and manage a total of 15 ships of the Saver project for Yang Ming within Time charter to standing charge of 10 more two years. This will allow to increase the returns of Seaspan ulteriorly, to improve the possibility to generate profits and to strengthen the relationship of Seaspan with one of the primary companies of line".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The shipowning company taiwanese Yang Ming has agreed with Seaspan Corporation the extension to ten years with an option for ulterior two years of the period of chartering to standing charge of five new portacontainer from 14.000 teu that Seaspan has ordered to ship yard CSBC Corporation 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
